Green Markets: Lime Energy Gets $7.9 Mil Contract
June 11, 2010 (FinancialWire) — Lime Energy (NASDAQ: LIME) said that the U.S. Army Engineering and Support Center in Huntsville, Alabama has awarded its subsidiary, Applied Energy Management, Inc., a contract for $7,928,998 under its facility repair and renewal contract to design and construct the new Dewey Short Conservation Center at Table Rock Lake, Missouri.
Design is set to begin immediately, with the new center scheduled to be completed in August 2011. The new 15,000 square foot facility will be designed and built to achieve a LEED Gold Certification (Leadership in Energy and Environmental Design).
Lime Energy will incorporate its expertise in energy efficiency and sustainability in its design approach including managing a team of professionals to successfully develop and build a LEED Gold facility. This will include the use of natural light to minimize the need for artificial illumination and incorporate efficient mechanical/electrical systems. It will use earth from the site to create bioswales for filtering storm water which will dramatically raise the building up for greater visibility from a distance and to create better views from within and eliminate the need for rock removal under the foundation. Lime will perform modeling and analysis to develop a final outcome that is a combination of architectural form, building envelope, and site planning to reduce the cost of the mechanical systems, limit resource usage and environmental impact.
The new facility is being built for the U. S. Army Corps of Engineers (USACE) and will be one of the premier educational assets within the Corps' public waterworks and dam system in the United States. The Branson Lakes area is ranked as the 20th most popular overnight vacation destinations in America, receiving an estimated 8.1 million visitors in 2008.
Lime Energy is a provider of energy efficiency services.
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